Over the last few years, there has been a tectonic shift in the way HR as a department function. Cutting-edge technologies have made their way into the department to offer automated solutions, which have brought about increased efficiency in operations. At the same time, there is a growing need to address and deploy solutions for increased employee engagement. Being the heart of an organizations’ operations, having employees who are made to feel valued and nurtured, can make all the difference to the former’s position in the market. Startups, in particular,…
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Top 10 Challenges before Small and Medium Businesses Today
Starting a business is a great achievement for all entrepreneurs, but sustaining one is the bigger challenge. There are a number of standard challenges each business faces, regardless of their size. These comprise of things like employing the right people, developing a client base, building a brand, etc. However, there are a few which are strictly small and medium sized business problems. Here are the top 10 challenges faced by small and medium sized businesses: 1. Leadership No academic qualification is required to be the leader of an SME and it…
Tips to Develop Management Team for Small Business
To thrive, all businesses require a certain range of skills. There will be many different responsibilities upon you if you are an owner of a small business. You will realize that eventually you are better and worse at some roles than others. At some point in time in your business, these skills must be refurbished and improved. It is quite necessary to accumulate people that can appreciate and support your business. An efficient management team will help you to form a more capable and effective business. The role of the…
How to Overcome the Challenge of Creating a Brand
Every brand wants to serve its customers the best way possible. Developing and handling a brand can be quite crucial, it is not easy. The brand is not just the business logo to your business’ collaterals, it is much more than this. Your brand develops and guards your reputation and it also displays your customers’ browsing experience about your company. Your brand stands for the products and services you are offering to your prospects, not just a service or product that others vendors would also have. This guide will help you understand how to…
Aspire Masterclass : KEEP YOUR BUSINESS MOVING FORWARD
5 Tips for Women to Negotiate Better
When negotiation conditions are unambiguous and clear, recent research discloses some gender differences in the possibilities of initiating a negotiation. For instance, one might not expect men to be more probable than women to start a negotiation for a supplier agreement or a customer contract. However, when the aptness of negotiating is not so clear—as is mostly the case for negotiating visibility, promotion opportunities, and resources—gender differences are likely to emerge. Mostly, women view main promotions and assignments as a reward for performing a good job, so rather than negotiating with supervisors…
7 Virtual Team-Building Ideas to Keep Your Staff Connected and Motivated
Though working from home has become very popular over a couple of years in a large number of industries, nobody would’ve visualized the big leap taken by the world into practice as the coronavirus pandemic came up in the initial months of 2020. Within few weeks, several non-essential companies quickly resolved methods to make working from home possible for employees. Team building has been identified as a very essential investment which you must make as a business owner. If you possess a team of workers, you possibly spend a good…
Key Ingredients for A Startup’s Success
To get the ball rolling for a startup is one thing but to survive the competition and yield success is altogether a different story. Out in the real world, there is no perfect recipe to cooking success. No matter how great your idea, service or product is; it stands a chance of utter failure or a colossal success. There are a bunch of factors, both internal and external in a business environment that can make or break the deal. Here are few basic key points that are quite essential to…
5-step Guide to Create an Unbiased Workplace for Women
Combining the PoSH Act with a company’s framework and rules for abidance is only half of the work done to produce a more protected workplace for females. Taking actions to ensure and implement women’s safety in the workplace is the real and constructive solution. Furnishing infrastructural amenities such as upgraded surveillance for security, female cab drivers, late-night shuttle service, are some developments coming up in the work culture. Yet, changing mindsets is the fundamental solution. Few concrete steps for creating a more protected environment are as follows: 1. Generate and…
A Plan for Profit
Every business, small and big, should have a profit plan in order to drive the business towards success. Such a plan is even more crucial for new small businesses because it will help them stay on track and not fail midway. When you plan for profit, it helps you understand the various factors that contribute to your success. It will be a kind of summarized income statement in written, which will serve as your profit and sales objective, and as your business budget. Your profit plan can be used to…